Millennium Management

The Bayeux Tapestry is back in the news as the British Museum announces new measures to manage visitor demand ahead of the medieval masterpiece's landmark loan to London. The 11th-century embroidery, depicting the Norman conquest of England, is set to leave France for display in Britain for the first time in nearly a millennium, and the museum is drawing up plans to ease overcrowding and ticketing pressure.

Millennium Management is set to hire a power trader from Japan's largest utility, according to people familiar with the matter. The move is described as the hedge fund's biggest step yet to expand its presence in Japan's energy sector, signaling growing interest from global investors in the country's power markets.

A report looks at how Millennium and other major hedge funds performed during a volatile September, grading their returns and risk management against turbulent markets. Coverage focuses on which multi-strategy funds protected gains and which stumbled, as investors watch how the industry's biggest names handle shifting rates and macro uncertainty.